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Compare today's XOF to STD (CFA Franc BCEAO to Sao Tome and Principe Dobra) exchange rates

Benin
Sao Tome and Principe
XOF

Interbank Exchange Rate: 1 XOF = 40.1837 STD
Updated about an hour ago

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All you need to know about CFA Franc BCEAO to Sao Tome and Principe Dobra money transfers

Easily compare money transfer providers in one place to send money from Benin to Sao Tome and Principe. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Sao Tome and Principe Dobra (STD) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Benin.

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Latest XOF to STD Conversion Rates

Here are some latest XOF to STD (CFA Franc BCEAO to Sao Tome and Principe Dobra) exchange rates for popular conversion amounts*.

1 XOF40.18 STD
5 XOF200.92 STD
10 XOF401.84 STD
25 XOF1,004.59 STD
50 XOF2,009.19 STD
100 XOF4,018.37 STD
150 XOF6,027.56 STD
200 XOF8,036.74 STD
250 XOF10,045.93 STD
300 XOF12,055.11 STD
400 XOF16,073.48 STD
500 XOF20,091.85 STD
600 XOF24,110.22 STD
700 XOF28,128.59 STD
800 XOF32,146.96 STD
1,000 XOF40,183.70 STD
1,500 XOF60,275.55 STD
2,000 XOF80,367.40 STD
2,500 XOF100,459.25 STD
3,000 XOF120,551.10 STD
4,000 XOF160,734.80 STD
5,000 XOF200,918.50 STD
10,000 XOF401,837.00 STD
15,000 XOF602,755.50 STD
20,000 XOF803,674.00 STD
30,000 XOF1,205,511.00 STD
40,000 XOF1,607,348.00 STD
50,000 XOF2,009,185.00 STD
100,000 XOF4,018,370.00 STD

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to send money from Benin to Sao Tome and Principe?

It can be very confusing when sending money from Benin to Sao Tome and Principe given so many choices. Additionally, CFA Franc BCEAO to STD exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Benin to Sao Tome and Principe as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Sao Tome and Principe from Benin. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for CFA Franc BCEAO to Sao Tome and Principe Dobra remittances.


How to get the best exchange rate for your money transfers from Benin to Sao Tome and Principe?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Benin to Sao Tome and Principe transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your XOF to Sao Tome and Principe Dobra international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest CFA Franc BCEAO to Sao Tome and Principe Dobra exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way to send money to Sao Tome and Principe from Benin?

When you want to send money to Sao Tome and Principe from Benin, you obviously want the cheapest possible option to maximize the money your recipient gets in Sao Tome and Principe Dobra. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your XOF to STD money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Benin to Sao Tome and Principe. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Benin to Sao Tome and Principe exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Sao Tome and Principe Dobra overseas.


How to send money to Sao Tome and Principe from Benin through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Benin to Sao Tome and Principe. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the XOF to STD exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Benin bank for your Sao Tome and Principe money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


How to send money from Benin to Sao Tome and Principe fast?

If you need to convert XOF to STD as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Benin to Sao Tome and Principe could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your CFA Franc BCEAO to Sao Tome and Principe Dobra funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Sao Tome and Principe.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Benin to Sao Tome and Principe. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


Which are the best money transfer companies to transfer money from Benin to Sao Tome and Principe?

Comparing money transfer companies for sending money to Sao Tome and Principe from Benin can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Sao Tome and Principe. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your CFA Franc BCEAO to Sao Tome and Principe Dobra transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Sao Tome and Principe Dobra yield on every CFA Franc BCEAO that you send.


Step by step guide to send money to Sao Tome and Principe from Benin

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Benin to Sao Tome and Principe, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Benin to Sao Tome and Principe that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Sao Tome and Principe where they can receive monies in Sao Tome and Principe Dobra.
  • Then, provide details of your Benin bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your XOF travel to another part of the globe.